504 5th Ave SRed BayAL35582
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Red Bay at 504 5th Ave S, Red Bay, AL, 35582 priced at $144,000 pairs $1,234/mo rent with $408/mo cash flow after a $705/mo payment. Total monthly income equals $1,234/mo, and annual cash flow comes to $4,891/yr on $47,736 invested. Return on cash invested is 30.15% in year one, and rental yield stands at 10.28% on a $144,000 basis. Equity gained on principal adds $929/yr, and 5% annual appreciation accumulates to $39,785 by year five. Five-year ROI measures 157.23% and total cumulative return in cash reaches $75,054. For financing, Ziffy Mortgage’s DSCR program evaluates $1,234/mo property income against a $705/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35582, Red Bay, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,160 (55.9%) |
| Renter Occupied HU | 622 (30.0%) |
| Vacant Housing Units | 294 (14.2%) |
| Median Home Value | $121,719 |
| Average Home Value | $159,573 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,608
Multi-Family
119
Businesses
191
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